SecUR Credentials Limited (SECURCRED) — Tangible Net Worth Ratio
SecUR Credentials Limited (SECURCRED) has a Tangible Net Worth Ratio of 82.5% as of September 2023. This metric is calculated by deducting intangible assets (Rs86.49 Million) from net assets (Rs493.66 Million) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. Also explore net asset momentum of SecUR Credentials Limited to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
SecUR Credentials Limited Tangible Net Worth Ratio (2013–2024)
This chart shows how SecUR Credentials Limited's Tangible Net Worth Ratio has changed across 12 annual periods from 2013 to 2024. As of September 2023, the ratio stands at 82.5%, reflecting net assets of Rs493.66 Million with intangible assets of Rs86.49 Million INR. For live market cap and overall valuation, see SecUR Credentials Limited (SECURCRED) total market value.
Annual Tangible Net Worth Ratio for SecUR Credentials Limited (2013–2024)
The table below presents the year-by-year Tangible Net Worth Ratio for SecUR Credentials Limited from 2013 to 2024, covering 12 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. Explore SECURCRED capex to operating cash flow ratio to see what proportion of operating cash flow is directed to capital expenditures.
| Year | Tangible NW Ratio | Net Assets (INR) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 81.9% | Rs426.53 Million | Rs76.99 Million | Rs789.87 Million | ▲ +3.1 pp |
| 2023 | 78.9% | Rs451.08 Million | Rs95.25 Million | Rs928.39 Million | ▲ +5.0 pp |
| 2022 | 73.9% | Rs437.57 Million | Rs114.16 Million | Rs982.40 Million | ▲ +1.5 pp |
| 2021 | 72.4% | Rs417.04 Million | Rs115.23 Million | Rs841.68 Million | ▲ +2.4 pp |
| 2020 | 70.0% | Rs438.59 Million | Rs131.70 Million | Rs923.75 Million | ▲ +3.3 pp |
| 2019 | 66.7% | Rs441.93 Million | Rs147.21 Million | Rs888.35 Million | ▼ -2.0 pp |
| 2018 | 68.7% | Rs385.47 Million | Rs120.74 Million | Rs482.90 Million | ▼ -31.3 pp |
| 2017 | 100.0% | Rs20.30 Million | Rs0.00 | Rs84.10 Million | ▲ +0.0 pp |
| 2016 | 100.0% | Rs2.23 Million | Rs0.00 | Rs7.78 Million | ▲ +0.0 pp |
| 2015 | 100.0% | Rs2.06 Million | Rs0.00 | Rs9.53 Million | ▲ +0.0 pp |
| 2014 | 100.0% | Rs2.98 Million | Rs0.00 | Rs8.83 Million | ▲ +0.0 pp |
| 2013 | 100.0% | Rs2.77 Million | Rs0.00 | Rs8.08 Million | — |